Trades for Tues, Aug 23, 2016: + $977 Profits

23 Aug Trades for Tues, Aug 23, 2016: + $977 Profits

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9:32 – BUY 800 MBLY 50.11avg, SOLD 600 at 51, out + .89, SOLD 100 at 50.94, out + .83, SOLD 100 at 49.75, out - .36           =          + $533

9:40 – BUY 800 ZOES 30.43avg, SOLD 700 at 30.74, out + .31, SOLD 100 at 30.63, out + .20          =          + $237

9:54 – SHORT 1500 BBY 37.89avg, COVERED 1200 at 37.74, out + .15, COVERED 200 at 37.88, out + .01, COVERED 100 at 38, out - .11 =          + $171

10:04 – BUY 200 ZOES 30.12, SOLD 30.30, out + .18 =          + $36

Total Daily P/L:          + $977 Profits

 MBLY08232016

Summary

SPY gapped above the 209.10 fib and chopped the stinky 5s upper range 209.40-209.60s this morning. We scalped the MBLY LONG perfect storm off the open. We scaled into ZOES LONG to scalp the reversion thrusts back towards the 30.86 fib. We scalped the spikes off the 1.618 fib at 30.06 for lunch money. Closed out the morning with + $977 profits.